Moore, MN Economy


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United States / Minnesota / No Metro Area / Stevens County / Moore / Zip Codes
Moore, MN is a small town located in the Midwest with a population of just over 1,400. The cost of living here is quite affordable; two-bedroom apartments are available for rent for $840 per month while the US average for similar accommodations is closer to $1,430. Furthermore, the grocery cost index in Moore is 96 versus 100 in the US.
Local businesses in Moore include J&L Auto Services which offers car repair and maintenance services; MGT Property Management, offering real estate management solutions; and Willow's Place Boutique—a clothing boutique providing fashion apparel and accessories to local residents. There are also several restaurants and other retail stores that make Moore a great place to live.

Moore has an unemployment rate of 3.8%. The US average is 6.0%.

Moore has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Moore
- The Sales Tax Rate for Moore is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Moore is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Moore
- The average income of a Moore resident is $28,483 a year. The US average is $37,638 a year.
- The Median household income of a Moore resident is $110,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoore, MinnesotaUnited States
  3.86
  -0.6%-6.2%
  20.4%33.5%
  6.9%6.2%
  7.1%4.6%
  $28,483$37,638
  $110,179$69,021
  $106,250$85,028
  Population by Occupation
  55.7%1.2%
  3.4%0.5%
  2.7%6.8%
  2.7%10.0%
  0.0%2.5%
  6.0%11.0%
  1.3%4.8%
  0.0%0.8%
  0.7%1.9%
  4.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.1%9.3%
  0.7%14.0%
  0.0%2.1%
  6.7%7.0%
  5.4%4.8%
  0.0%4.7%
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